Managers of Wealth Americas

Did Ackman just make a case for index funds?

Big concentrated bets are the hallmark of Ackman's strategy.

Billionaire hedge funder Ken Griffin is selling his Miami Beach penthouse and condo for $73 million

When the deal closed, it was the most expensive home to ever sell in Miami.

With Banks 'Ripe for Disruption,' Financial Technology Startups on Prowl in Canada

Graham expands by saying that he’s not looking to shun traditional institutions, but rather that he wants to partner with them

AltX Adds Jefferies to Hedge Fund Intelligence Platform

AltX’s superior intelligence technology helps firms who service, target and invest in the hedge fund industry find new clients and know their existing clients better.

Billionaire has produced more Dollar gains than any other Hedge Fund Manager ever

He has held the top spot on LCH Investments’ list before, but lost it to the legendary Soros for the past two years.

Griffin Capital Acquires $1.7 Billion of Single-Tenant Assets in 2015

“2015 was a landmark year for our real estate platform which has experienced tremendous growth over the past three years"

Ackman says I'm sorry for the worst year in Pershing's history

Ackman included in his most recent investor letter an apology to investors for the poor performance. "2015 is a year we will not forget

AIG to Cut Hedge Fund Bets After ‘Greatly Disappointing’ Results

Insurers have long highlighted how alternative holdings like private equity and hedge funds can beat bond markets for companies

Ex-Cargill private equity firm, Proterra, spun off

Last year, Cargill announced the breakup and spinoff of investment arm Black River Asset Management after 12 years.

Exclusive: Insurance broker Acrisure explores $2 billion sale - sources

Genstar, which specializes in investments in financial services as well as the healthcare, software and life science industries, bought Acrisure for an undisclosed sum in 2013.

Nicolet Bank to Acquire Navigator Planning Group

As part of the acquisition, certain financial advisors and staff of Navigator will join Nicolet's wealth management team.

Keppel to consolidate business trust, REIT and fund management under new subsidiary

The proposed consolidation will also include the centralisation of certain non-regulated support functions in Keppel Capital

Focus Starts 2016 Strong by Helping its Partner Firms Close Three Mergers

The Focus partner firms are poised for further growth because of the additional capabilities and expanded geographic presence following these strategic mergers.

Third Avenue’s assets sink to $5bn in wake of frozen fund

Third Avenue froze its Focused Credit Fund in December, after assets dropped from $3.6bn in July 2014 to less than $800m.

StatPro acquires hedge fund risk solutions provider Investor Analytics

Damian Handzy, founder and CEO of Investor Analytics, joins StatPro as the Global Head of Risk and has been appointed to the StatPro Group Executive Board.

Neuberger Berman Raises $1.5 Billion From Investors Worldwide

The team today manages a total of $4.8 billion of commitments investing in equity co-investments, since inception through January 2016.

‘Flash Boys’ Hero Is Picking a Fight With Hedge Fund Citadel

Standing in the way are some of those same speed traders, who have an opportunity -- via the regulatory process -- to chasten IEX and its earnest leader.

Ex-Goldman Director Rajat Gupta Back Home After Prison Stay

A former McKinsey & Co. managing partner, Gupta is the highest-profile executive convicted in a U.S. crackdown on insider trading at hedge funds

BMO Asset Management Inc. Announces Index Changes for Two BMO ETFs

The changes to the indices will align with the current investment objectives and strategies of ZUB and ZBK. Additionally, the frequency of rebalancing for the indices remains the same.

Seeking ranchland in Texas, where wealth is measured in acres

Now, Ellis is raising a $100 million, Texas-only ranch fund.

Alternative Investments